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Overview
Financial Highlight
Headlines
Business Background Tiong Nam Logistics Holdings Bhd is a Malaysia-based company engaged in the provision of fully integrated logistics and warehousing services. It operates through three segments namely Logistics and warehousing services, Investment and Property development. The company offers a variety of services such as warehouse space and management services, trucking delivery, cross-border transfers, container haulage, heavy transportation, as well as last measure delivery for e-commerce companies. It renders services across countries like Malaysia, Thailand, Singapore, and Myanmar. Additionally, the company also undertakes several projects comprising of residential service apartments and commercial properties and other real-estate related activities.
  MelonCheng ya any news for this? why suddenly up up? have been holding this stock in January and incurred some paper loss earlier. glad to see the gain now :D shall i continue holding or realise gain ? 14/06/2021 1:10 PM wanleeseng Removing losing subsidiary company and becoming associated company is a good move TNlogis will become more profitable,likely cross 1.2rm 25/07/2021 4:25 PM  gohkimhock Tiong Nam has been in the transportation business for far longer I can remember. They mistook a step by venturing into some unknown business they shouldn't. 25/07/2021 4:32 PM gohkimhock the value is there. And all investors must be patient. That's the key for this counter. 06/08/2021 6:13 PM nigel foo Mercedes-Benz has announced that it is finalising the planning for a regional after-sales logistics centre in Malaysia. The carmaker has signed a long-term lease agreement for the location, which is in Senai Airport City in Johor. Operations is expected to start in early 2024. For the development of the new building, the German premium carmaker has found a partner in Tiong Nam Logistics Solutions, which will be the lead for developing the approximately 1,000,000 sq.ft location, as well as the owner of the new warehouse. A newly established company – Mercedes Benz Parts Logistics Asia Pacific (Malaysia), a 100% subsidiary of Mercedes-Benz AG – will operate the facility. “With our planned after-sales logistics centre, Mercedes-Benz is committed and will invest to strengthen our foothold in Malaysia. We have found excellent conditions and great support in cooperation with MIDA and the related ministries. Located strategically in Johor Bahru, this new centre will enable us to reaffirm our position as a global and regional distribution hub whilst creating new jobs for the region,” said Thomas Schulz, VP of global service and parts operations. “Both our customers and our dealer networks will enjoy a good service and high-quality standards through this new infrastructure,” he added. The new distribution centre will be a part of Daimler AG’s global after-sales supply chain network and will serve as a distribution site for spare parts in the Asia Pacific region and other countries. It will handle the importation, storage and regional management of spare part and accessories. 22/10/2021 6:38 PM  Trade in Peace stay in the box, wait for showtime https://www.youtube.com/watch?v=7mv6-1nq02A 30/10/2021 9:21 PM GrowthCapitalist This company has 1B of debt and wonder how would their survive with cash of ~150M. Just do your homework before get in unless invested since lockdown (18th March 2020) 15/04/2022 1:22 PM ongtnl current market cap=RM 412 Million reits ( to be submit this month, according to the edge) =RM700Million RM700Million/RM412Million=RM1.32 TARGET PRICE FOR TIONG NAM IS RM1.32 BUY CALL. 08/03/2023 10:23 AM ongtnl https://www.msn.com/en-my/money/topstories/are-the-stars-finally-aligned-for-tiong-nam-s-warehouse-reit-spin-off/ar-AA17JWrP 08/03/2023 10:24 AM ongtnl Debt of RM1Billion after minus off the reits of RM700Million. Tiong Nam's debt reduce to RM300Million. Gearing is merely 0.4x only. Getting better and better. hoot 9 e 08/03/2023 10:28 AM  | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
